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Midday movers: Nvidia, Domino's Pizza, Wayfair and more

By Liz Moyer

Investing.com -- Stocks were falling on Thursday as fears about interest rates overtook positive earnings from Nvidia. Here are the midday movers for Feb. 23.

  • NVIDIA Corporation (NASDAQ:NVDA) shares rose 12.7% after the chip maker said artificial intelligence is boosting its momentum, helping it beat forecasts for top and bottom results in the recent quarter.
  • Domino’s Pizza Inc (NYSE:DPZ) shares fell 12.6% after the pizza delivery chain fell short of expectations for same-store sales in the recent quarter, with pressure on its delivery business in the U.S. 

  • Wayfair Inc (NYSE:W) shares fell 27% after the online furniture and home goods retailer reported a wider-than-expected fourth-quarter loss. The company lost five million customers last year as a pandemic-fueled buying spree fizzled out.

  • Lucid Group Inc (NASDAQ:LCID) shares fell 15% after the electric vehicle maker forecast it would deliver 10,000 to 14,000 vehicles this year, but that was short of analyst expectations for 20,000 to 22,000.

  • Unity Software Inc (NYSE:U) shares tumbled 17% after the video game software developer said it isn't expecting a rebound in in-game ads this year. Its first-quarter revenue outlook fell short of estimates.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.